The main rules of the Bullish and Bearish Gartley are as follows:
AB must retrace 61.8% of the XA legBC can retrace between 38.2% – 88.6% of AB
CD can be an extension of 1.272% – 1.618% of AB
CD can also be a retracement of up to 78.6% of XA leg
The point D is known as the PRZ or Potential Reversal Zone
From Point D, a trade can be entered with stops at or above...
For me there are 2 options in the 1 hour chart.
1. either an inverse SKS with a new high following a trend reversal formation
2. Or a confirmation of the downtrend by breaking the HL
I wish you success
Meanwhile the EUR / CHF has reached the pullback to resistance 1.16535 and I was able to place the stop further down.
I now focus on a possible trend reversal to the target 1.20249 or to another case towards 1.07275